SNAPSHOT September 2016 ENGIE TODAY LOW CO 2 POWER GENERATION GLOBAL NETWORKS CUSTOMER SOLUTIONS World leader in IPP 104 GW (1) installed >80% low CO 2 21% renewables (2) European leader in gas infrastructures 23bn RAB in France 12bcm storage capacity Expertise in power T&D 21m customers in Europe Global leader in energy solutions for cities +250 DHC networks worldwide Capacity breakdown EBITDA gas infrastructures EBITDA by type of business 12% 82% low CO 2 104 GW (1) 55% 0.2 3.7bn (4) 2.7 1.6bn (4) 0.8 21% Natural gas Renewables (2) Nuclear Coal Other (3) GRDF & GRTgaz Other EU & International Storengy Elengy (1) At 31/12/2015, at 100%, pro forma announced disposals (US/coal Asia), excluding decentralized power generation (2) Excl. pumped storage for hydro (3) Incl. pumped storage for hydro (4) 2015 EBITDA 2016-2018 TRANSFORMATION PLAN B2B B2T B2C REDESIGN & SIMPLIFY THE PORTFOLIO IMPROVE EFFICIENCY PAVE THE WAY FOR THE FUTURE COMMIT TO DIGITAL TRANSFORMATION 15bn PORTFOLIO ROTATION 22bn CAPEX o/w 7bn of maintenance 1bn PERFORMANCE PROGRAM 1.5bn EMERGING TECHNOLOGIES DIGITAL AGILE AND CONNECTED ADAPT THE GROUP TECHNOLOGY FOCUSED TALENT ORIENTATION 3 CLEAR DIRECTIONS FOR 2018 TARGETS KEY FINANCIALS (FY2015) LOWER EXPOSURE TO COMMODITY PRICES DOWNSTREAM PRIORITY TO LOWEST CO 2 OPTIONS (1) Excludes merchant power generation, E&P and LNG supply & sales (2) Low CO 2 power generation, gas infrastructures & LNG, downstream CONTRACTED / REGULATED (1) EBITDA >85% CUSTOMER SOLUTIONS EBITDA TO GROW BY >50% CO 2 LIGHT ACTIVITIES (2) EBITDA >90% Revenues: 69.9bn EBITDA: 11.3bn Net Recurring Income Group share: 2.6bn Cash flow from Operations: 9.8bn Net Debt: 27.7bn ND / EBITDA: 2.5x DIVIDEND POLICY 2016: 2017 & 2018: 1/share in cash 0.7/share per year in cash 1
A GLOBAL AND DIVERSIFIED FOOTPRINT 2 20% Total EBITDA 2015 14% 2% 1% 6.2bn 0.6bn 9 55% 57% 11.3bn 40% North America Europe (1) 4 10% <1% <1% 9% Low CO 2 power generation Global Networks 1.6bn 14% 89% 1.2bn 94% 1.7bn 15% 8 Customer Solutions Latin America Other international Global BUs & Other (2) (1) Includes Generation Europe (2) Other includes Tractebel Engineering, GTT and others NEW ORGANIZATION IN PLACE Métiers lines 24 BUs UK Benelux LOW CO 2 POWER GENERATION North America France (8 BUs) GRDF GRTgaz Elengy Storengy France B2B France B2C France Renewable Energy France Networks North, South & Eastern Europe China GLOBAL NETWORKS Latin America Generation Europe MESCAT Africa Asia-Pacific CUSTOMER SOLUTIONS Global Energy Management Brazil Global LNG E&P GTT Tractebel Engineering IMPROVED VISIBILITY ON RISK/REWARD PROFILES 2015 EBITDA ( bn) 3 Métiers LOW CO 2 POWER GENERATION GLOBAL NETWORKS CUSTOMER SOLUTIONS 10 Segments RES+Thermal Contracted Thermal Merchant Infrastructures Upstream Services Retail Other TOTAL Noram, Latam Africa/Asia Pacific/ME France, Benelux Other Europe ~2.6 ~0.7 0.2-0.1 (0.1) 3.4 ~ ~0.3 0.2-1.4 (0.1) 2.3 Infrastructures Europe 3.4 3.4 GEM & LNG, E&P ~0.2 ~1.5 1.7 Unaudited figures (1) Excluding "Other" Other - 0.1 0.1 (0.2) Total % (1) ~3.1 2 ~1.6 14% 3.7 32% ~1.6 14% 1.6 14% () 11.3 o/w ~1.2 RES 1.2 services retail 2
PIPELINE OUTRIGHT POWER NUCLEAR CAPACITY RENEWABLES BY GEOGRAPHY BY FUEL LOW CO 2 POWER GENERATION Capacity figures as of 30/06/2016, at 100% 9% 61% international 48% in fast growing markets 24% META Europe 14% 112.5 GW installed Asia 10% North America 39% Latin America Oceania 85% low CO 2 emissions 19% renewables (1) Natural gas Hydro Wind Biomass & biogas Solar 1% 1% 4% 1 (1) Excluding pumped storage Nuclear 112.5 GW installed Coal 58% Other non-renewable 20% 5% 21.0 GW (2) installed 72% Hydro (1) Wind Biomass & biogas Solar (1) Excluding pumped storage in MW at 100% Hydro (1) Wind Biomass & biogas Solar Europe 4,032 2,964 750 486 North America - 659 130 20 Latin America 10,789 209 99 12 Middle East, Turkey & Africa - 392-21 Asia 152-30 125 Oceania 48 63-1 Total 15,021 4,287 1,008 665 Renewable energy ~19% of Group generation capacity as of 30/06/2016 Target 25% by 2020 ENGIE: 6.6 GW (1) in Belgium, France and Germany 1.2 6.6 GW net capacity Belgium France Germany 4.9 Belgian operated capacity by owner (1) In Belgium, ENGIE operates 5.9 GW through 7 units (to reach 40/50-year lifetime between 2022 and 2025) 4.9 5.9 GW operated ENGIE EDF EDF Luminus Nuclear capacity in Belgium MW Ownership End of operations Doel 1 433 100% 15/02/2025 (2) Doel 2 433 100% 01/12/2025 (2) Doel 3 1,006 90% 01/10/2022 Doel 4 1,033 90% 01/07/2025 Tihange 1 962 50% 01/10/2025 Tihange 2 1,008 90% 01/02/2023 Tihange 3 1,038 90% 01/09/2025 Total 5,913 85% 100% Electrabel (1) Net of third party capacity and drawing rights; (2) Agreement signed with Belgian government on November 30th, 2015 for a 10-year extension 10% EDF Luminus 50% EDF Outright power generation in Europe France ~40% ~60 TWh/year (1) Belgium ~60% +/- 1/MWh in achieved price n ca. +/- 60m EBITDA impact before hedging 3-year rolling hedging policy (1) 2016-2018 estimates including D1 & 2 extension, average hydro conditions Hedges France, Belgium: prices & volumes In /MWh 47 42 40 100% 100% 9 36 34 84% 84% 2014 2015 2016 2017 2018 As of 30/06/2016, including D1&2 extension Expected commissioning of additional capacity in GW at 100% / in net ownership Capacity under construction at end June 2016 7.4 / 3.1 8.1 / 3.5 5.2 / 2.1 3.7 / 1.4 H2 2016 2017 2018 2019 3
UPSTREAM INFRASTRUCTURES GLOBAL NETWORKS Regulated gas infrastructures in France EBITDA by business Distribution Transmission LNG Terminals #1 in Europe #3 Worldwide 200,000 km of grid 11 million customers Storage #2 in Europe 32,000 km of network 130 suppliers / 768 industrial customers Other Europe & International 1.6 3.7bn (1) 0.2 1.1 #2 in Europe 21bcm regas capacity 3 operated terminals #1 in Europe 3 Worldwide 12 bcm capacity 21 sites o/w 14 in France (1) 2015 EBITDA Total RAB ~ 23bn 5.0-7.0% 6.5-9.5% 14.5 7.6 Average RAB (in bn) Distribution Transmission 8.5-1% 1.2 LNG Terminals 4-year regulated periods (with yearly updates) Distribution: 7/1/2016-7/1/2020 Transmission: 4/1/2013-3/31/2017 LNG Terminals: 4/1/2013-3/31/2017 Gas storage Partly unregulated activity ~100 TWh sold, o/w ~ 80 TWh in France Infrastructures Worldwide presence Mexico Peru Chile Argentina 3 rd private gas transmission company, >1,000 km of pipelines; 2 nd natural gas distribution company, 420,000 customers and 10,000 km grid 230 km transmission pipelines 3 rd player with 2,340 km of pipelines 700,000 customers; 12,000 km distribution grid Thailand Romania Turkey 300 industrial customers; 240 km distribution grid 1.6 million customers; 19,000 km distribution grid Remuneration model: regulatory WACC + incentives ; price cap with yearly volume correction 300,000 customers; 2,400 km distribution grid Remuneration: price cap model, license until 2033 Gas sourcing through long term contracts Others (2) Unspecified (1) Yemen Australia Nigeria 2% 1%1%1% 9% Norway Lybia 2 Trinidad &Tobago 5% 554 TWh of which Asia 25% LNG As of 31/12/2015 Netherlands 20% Russia 15% Algeria (1) Purchases from gas suppliers ; origin unspecified (2) Of which Germany and UK <1% each Geographic breakdown of 2P RESERVES (31/12/2015) 30% 10% 7% 1 699 Mboe 7 gas 24% oil & liquids 40% E&P Geographic breakdown of PRODUCTION (2015) 25% 59 Mboe 62% gas 38% oil & liquids Germany Norway UK Netherlands Others 58% 4
jun-08 jun-09 jun-10 jun-11 jun-12 jun-13 jun-14 jun-15 jun-16 jun-08 jun-09 jun-10 jun-11 jun-12 jun-13 jun-14 jun-15 jun-16 500 880 1022 1322 1605 1,022 1,167 1,322 10.2 10.0 9.9 9.8 9.7 9.6 9.4 9.3 9.2 ENERGY SUPPLY ENERGY SERVICES CUSTOMER SOLUTIONS 0.1 0.3 0.6 0.7 0.7 0.9 1.0 1.1 CUSTOMER SOLUTIONS B2B B2T B2C BUILDINGS & INDUSTRY Offer the energy performance solution most adapted to the needs of each client CITIES & TERRITORIES Optimize management of territories RETAIL CUSTOMERS & SMALL BUSINESSES Offer energy contracts & increasing cross-selling services EBITDA by business Improve energy performance for industrial clients Design, install and maintain the most complex systems (eg data centers) Install and operate local urban infrastructures (heating / cooling networks, mobility, lighting ) Supply electricity & gas 2 Bring energy utilities essential to industry and large tertiary sites Offer a panel of FM services complementing energy efficiency solutions LARGE INFRASTRUCTURES Contribute to the development of large infrastructures optimizing the energy mix Contribute to evolution of mature energies (nuclear, oil & gas, ) Design, build & maintain RES Adapt large transport & distribution infras. Deploy telecom infras. highly available & secure Design & implement outsourcing solutions to improve performance of public services (Business Process Outsourcing - BPO) Make the city more connected to offer new services to citizens (smart cities) Offer digital energy efficiency solutions Propose innovative value added services Boiler & heat pumps maintenance Installation & Financing Home emergency; Insurance Water softening 1.6bn (1) 0.8 52% 22% B2B B2T B2C (1) 2015 EBITDA B2B SERVICES Growth & profitability (in m) Revenues (in m) EBIT & EBIT/Sales % 13,999 14,219 12,861 12,835 690 643 530 470 4. 4.9% 3.7% 4.1% 2008 2013 2014 2015 EBIT growth 5. (CAGR 2008-15) ROCE 2015 ~15% Typical EBIT margins by activity Engineering 12-15% Installation & Maintenance Energy Services 3-4-8% EUROPE - GAS & ELECTRICITY SALES TO FINAL CUSTOMERS Contracts (1) (Million) Gas Electricity Benelux 1.6 2.9 France 8.4 3.1 Other Europe 4.8 4.6 (1) Nb. contracts consolidated at 100%, excluding entities at equity method FRANCE - RESIDENTIAL & SMALL BUSINESS CUSTOMERS PORTFOLIO GAS HOUSEHOLD Millions of contracts ENGIE Competitors ELECTRICITY HOUSEHOLD & SMALL BUSINESS Thousands of contracts Household Small business 77 84 85 86 86 86 90 118 161 Small business portfolio of 270,000 contracts at 30/06/2016 5
SHAREHOLDING ADR PROGRAM American Depositary Receipt Shareholding structure at 31/12/2015 Symbol ENGIY CUSIP 29286D105 French State 32.8% Public 56. Platform Type of programme OTC Level 1 sponsored ADR ratio 1:1 GBL 2. Other strategic investors 4.0% Treasury stocks 1. Employee shareholding 2.7% Depositary bank For more information, go to Citi http://www.citi.com/dr IR TEAM CONTACT DETAILS Investor Relations +33 1 44 22 66 29 ir@engie.com http://www.engie.com/en/investors-area/ IR team Sergio VAL- Deputy CFO, in charge of Investor Relations Elise COLLANGE - IR manager Arnaud JOAN - IR manager Sarah KIRILUK - IR manager Melanie MERIC - IR manager DISCLAIMER Forward-Looking statements This communication contains forward-looking information and statements. These statements include financial projections, synergies, cost-savings and estimates, statements regarding plans, objectives, savings, expectations and benefits from the transactions and expectations with respect to future operations, products and services, and statements regarding future performance. Although the management of ENGIE believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of ENGIE securities are cautioned that forwardlooking information and statements are not guarantees of future performances and are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of ENGIE, that could cause actual results, developments, synergies, savings and benefits to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the public filings made by ENGIE with the Autorité des Marchés Financiers (AMF), including those listed under Facteurs de Risque (Risk factors) section in the Document de Référence filed by ENGIE (ex GDF SUEZ) with the AMF on 23 March 2016 (under no: D.16-0195). Investors and holders of ENGIE securities should consider that the occurrence of some or all of these risks may have a material adverse effect on ENGIE. 6